SkyBridge Capital founder Anthony Scaramucci stated that he maintains his long-term optimism for Bitcoin, and explained five key reasons why he remains bullish on BTC. According to Scaramucci, Bitcoin’s most important feature is that its value cannot be diminished by any government. Arguing that Bitcoin’s 21 million supply limit is secured by code, not promises, […]
Daily Chart The bounce off $59,000 produced a string of higher lows on the daily chart, and the price now consolidates between $63,000 and $64,000. Trading volume spiked during the capitulation phase and has since pulled back, a pattern that often points to fading panic selling rather than fresh distribution. On the daily timeframe, resistance […]
Billionaire investor Ricardo Salinas has shared a bullish outlook on Bitcoin. He argued that the world’s financial system is built on weakening fiat currencies. Additionally, he stated that Bitcoin remains one of the best ways to preserve wealth. During a recent interview, Salinas explained why he avoids the AI investment boom. He also explained why […]
According to on-chain data, a large Bitcoin whale completely closed its position of 1,105 $BTC today, which it had held for approximately 7 months. The current value of these Bitcoins is estimated at around $69.43 million, meaning the whale incurred a loss of $26.9 million from this transaction. According to the data, the whale withdrew […]
Binance founder Changpeng Zhao (CZ) made noteworthy statements regarding how Bitcoin ($BTC) could be protected against quantum computers in the future and how the $BTC believed to belong to Satoshi Nakamoto should be handled. Appearing on the Galaxy Brains podcast hosted by Galaxy Research President Alex Thorn, CZ stated that quantum computing is not an […]
Michael Saylor turned Strategy into the largest corporate Bitcoin holder on earth by mastering one trick: raising money on Wall Street to buy $BTC. A key piece of that machine is a security called STRC, engineered to trade steadily near $100. This week it broke, hitting a record low, and it has put a spotlight […]
Bitcoin has climbed back above $63,000 after reports of an Israel-Hezbollah ceasefire have renewed expectations that stalled diplomatic talks between the United States and Iran could resume before the end of June. According to Reuters, Israel and Hezbollah have agreed to a ceasefire that is set to take effect on Friday, citing a senior U.S. […]
Kevin Warsh chaired his first Federal Open Market Committee meeting this week and immediately showed his hawkish colors. Rates stayed steady, but the new Fed Chair made it clear he intends to prioritize price stability and reduce loose forward guidance. While Warsh is focused on managing the dollar’s ongoing challenges, his debut actually highlights something […]